DXC Technology (NYSE:DXC) had its price objective hoisted by BMO Capital Markets from $110.00 to $117.00 in a report issued on Friday. BMO Capital Markets currently has an outperform rating on the stock.

A number of other analysts have also recently issued reports on DXC. Barclays lifted their target price on shares of DXC Technology from $90.00 to $100.00 and gave the company an overweight rating in a research note on Thursday, October 12th. Cowen reiterated a hold rating and issued a $85.00 target price on shares of DXC Technology in a research note on Thursday, October 12th. Cantor Fitzgerald lifted their target price on shares of DXC Technology from $79.00 to $87.00 and gave the company a neutral rating in a research note on Friday, October 13th. Citigroup lifted their target price on shares of DXC Technology from $97.00 to $101.00 and gave the company a buy rating in a research note on Friday, October 13th. Finally, Royal Bank of Canada reiterated a buy rating and issued a $87.00 target price on shares of DXC Technology in a research note on Friday, October 13th. Five investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average price target of $102.94.

Shares of DXC Technology (NYSE:DXC) opened at $97.90 on Friday. The company has a current ratio of 0.99, a quick ratio of 1.00 and a debt-to-equity ratio of 0.48. The company has a market cap of $27,710.00 and a P/E ratio of 31.99. DXC Technology has a fifty-two week low of $64.06 and a fifty-two week high of $102.95.

DXC Technology (NYSE:DXC) last posted its quarterly earnings results on Thursday, February 8th. The company reported $2.15 EPS for the quarter, topping the consensus estimate of $1.99 by $0.16. The business had revenue of $6.19 billion during the quarter, compared to analysts’ expectations of $6.19 billion. DXC Technology had a net margin of 5.18% and a return on equity of 17.97%. DXC Technology’s quarterly revenue was up 222.7% on a year-over-year basis. analysts anticipate that DXC Technology will post 7.74 EPS for the current year.

Several institutional investors have recently modified their holdings of the company. BlackRock Inc. lifted its stake in shares of DXC Technology by 1.7% in the fourth quarter. BlackRock Inc. now owns 18,334,186 shares of the company’s stock worth $1,739,915,000 after buying an additional 300,394 shares during the last quarter. Boston Partners lifted its stake in shares of DXC Technology by 4.4% in the third quarter. Boston Partners now owns 12,688,006 shares of the company’s stock worth $1,089,645,000 after buying an additional 532,468 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of DXC Technology by 67.2% in the third quarter. JPMorgan Chase & Co. now owns 4,030,749 shares of the company’s stock worth $341,768,000 after buying an additional 1,619,573 shares during the last quarter. Investec Asset Management LTD lifted its stake in shares of DXC Technology by 153.8% in the third quarter. Investec Asset Management LTD now owns 3,835,559 shares of the company’s stock worth $329,398,000 after buying an additional 2,324,095 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its stake in shares of DXC Technology by 27.4% in the third quarter. Janus Henderson Group PLC now owns 3,252,957 shares of the company’s stock worth $279,377,000 after buying an additional 699,026 shares during the last quarter. Institutional investors and hedge funds own 84.62% of the company’s stock.

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DXC Technology Company Profile

DXC Technology Company, together with its subsidiaries, provides information technology services and solutions primarily in North America, Europe, Asia, and Australia. It operates through two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers technology solutions comprising consulting, applications services, and software.

Analyst Recommendations for DXC Technology (NYSE:DXC)

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